‘Ethereum is the future of finance’: Tom Lee’s BitMine adds $321 million in ether to corporate ETH treasury
BitMine expanded its massive Ethereum treasury by acquiring $321.1 million in ETH, aiming for 5% of the total supply.Summary
BitMine Immersion Technologies, the world's largest corporate Ethereum treasury holder, recently added 102,259 ETH, valued at approximately $321.1 million, as part of its goal to accumulate 5% of the asset's total supply. The company's holdings now stand at 3,967,210 ETH, representing over 3.2% of circulating supply, valued near $12.5 billion. Including $1 billion in cash and other investments, BitMine's total holdings reach about $13.3 billion. Chairman Tom Lee cited regulatory shifts and institutional engagement as structural tailwinds supporting their continued accumulation strategy. BitMine is now the top ETH treasury globally and the second-largest corporate crypto treasury overall, behind Strategy (formerly MicroStrategy). The firm also plans to launch its MAVAN staking solution in early 2026, coinciding with renewed industry focus on Ethereum's role in tokenization, such as JPMorgan's recent launch of a tokenized money-market fund on the network.
(Source：The Block)